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    1265 Aultman St Ely, NV 89301

    For Sale
    $500,000

    LAND - Ely, NV

    Lot size:
    1.16 Acres
    Days on Market:
    289
    Last Refresh:
    Dec 5 at 1:06 pm

    Property Features for 1265 Aultman St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    001-218-02, 001-251-
    Exterior features
    Storage
    Lot size
    1.16 Acres

    Building Details

    Additional Structures
    Shed(s), Storage

    Coldwell Banker Algerio/Q-Team Realty (775) 738-4078 [email protected]

    Listing agent Joe Brown (775) 738-4078 License #S.0195641

    Listing date Feb 20, 2025

    MLS# 3625878 Listing URL

    Copyright © 2025 Elko County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Ely Land For Development

    Located in downtown Ely, these four parcels offer a location suitable for new development. The property at 1265 Aultman Street, the site of the former Silver State Motel, is considered a prime candidate for demolition and repurposing. Ely is suited for long-term apartment rentals or cost-effective housing options to support the community's growing demand for entry-level housing. This large downtown parcel presents limitless options. Seller financing is available for qualified applicants. All services are located within the property lines and can be connected with minimal effort. The lot size is 1.1647 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ely
    County
    White Pine
    State
    Nevada
    Longitude
    -114.8853972
    Latitude
    39.2488305

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    FAQs

    What type of property is this?
    Commercial land - Four parcels in downtown Ely suitable for new development.
    Where is this commercial land located?
    The property is located at 1265 Aultman St Ely, NV.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: - Prime downtown location in Ely, ideal for new development.; - Large parcel suitable for apartments or cost-effective housing.; - Seller financing available for qualified buyers.
    (775) 738-4078
    Request Owner's contact information
    1265 Aultman St Ely, NV 89301
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    Ely, NV 89301
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1265 Aultman St Ely, NV 89301
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